Twilio Inc. (NYSE:TWLO) Receives $135.35 Average Price Target from Analysts

Shares of Twilio Inc. (NYSE:TWLO) have received a consensus recommendation of “Moderate Buy” from the twenty-five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, sixteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $135.35.

A number of research firms have recently issued reports on TWLO. Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Oppenheimer increased their target price on shares of Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Tigress Financial boosted their price target on shares of Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. William Blair reiterated an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Finally, UBS Group lifted their price objective on Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 14th.

Twilio Price Performance

Shares of NYSE:TWLO opened at $86.81 on Friday. The company’s fifty day moving average is $109.84 and its two-hundred day moving average is $103.01. The company has a market cap of $13.25 billion, a P/E ratio of -135.64, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. Twilio has a 12-month low of $52.51 and a 12-month high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Equities analysts expect that Twilio will post 1.44 earnings per share for the current fiscal year.

Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 12,056 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares in the company, valued at $28,297,447.92. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Aidan Viggiano sold 2,500 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $117.45, for a total transaction of $293,625.00. Following the transaction, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at $21,630,061.80. This represents a 1.34 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,471 shares of company stock worth $2,344,149. Company insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Oxinas Partners Wealth Management LLC bought a new stake in Twilio in the 1st quarter valued at $237,000. Generali Investments Management Co LLC acquired a new stake in shares of Twilio during the 1st quarter valued at about $65,000. Bay Rivers Group bought a new stake in Twilio in the first quarter valued at about $208,000. Merit Financial Group LLC raised its position in Twilio by 29.7% in the first quarter. Merit Financial Group LLC now owns 4,489 shares of the technology company’s stock worth $440,000 after purchasing an additional 1,029 shares in the last quarter. Finally, LVW Advisors LLC bought a new position in Twilio during the first quarter worth about $243,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.